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Pending

2864 14

2864 14, Cerrillos, NM 87010

$540,000

Unique residential, live-work or investment opportunity in downtown Madrid. Versatile mixed-use property with storefront and multiple residential units. Discover endless possibilities with this mixed-use property, ideally located in the heart of downtown Madrid. Anchored by an approximately 1,400-square-foot storefront, the space is ideal for retail and enjoys a high foot traffic area. Recent improvements include a brand new roof and updates to the electrical and plumbing systems, providing peace of mind for the next owner. Beyond the storefront, the property features three distinct residential spaces: a 320-square-foot upstairs studio apartment, a 612-square-foot downstairs one-bedroom apartment, and a 477-square-foot one-bedroom casita at the rear. Courtyards separate the casita from the main building, offering functional outdoor space.
Whether you are looking for a live-work arrangement, seeking rental income, or considering a unique investment, this property is ready for its next chapter. Come see today and explore the opportunity in vibrant downtown Madrid!

3
beds

3
baths

2,791 Sq.Ft. LIVING AREA

7,685 Sq.Ft. lot

Mike Sanford

title Founding Broker
PHONE 505-916-6644
EMAIL [email protected]
DRE # 52569

Features & Amenities

Interior

total bedrooms3
Total bathrooms3
full bathrooms2
three quarter bathroom1
Flooring Flagstone, Tile, Wood
APPLIANCES Oven, Range, Refrigerator, Water Heater
other interior Features Interior Steps

Area & Lot

Status Pending
Living Area2,791 Sq.Ft.
Total Area2,791 Sq.Ft.
Lot Area7,685 Sq.Ft.
MLS® ID202603380
TypeResidential
YEAR BUILT1920
Architecture StylesNorthern New Mexico, Other, See Remarks
Elementary SchoolAmy Biehl Community
Middle SchoolMilagro
High SchoolSanta Fe

Exterior

STORIES2
utilitiesElectricity Available
roofMetal, Shingle
HEAT TYPEPropane
AIR CONDITIONINGNone, Refrigerated, Window Unit(s)
sewerSeptic Tank
Disability FeaturesNot ADA Compliant

Financial

Sales Price$540,000
HOA $20/yr
Zoning Other

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2864 14

$540,000

Mike Sanford

Features & Amenities

Interior

Area & Lot

Exterior

Financial

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2864 14

$540,000

Mike Sanford

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Say Hello!

Follow Us on Instagram

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